84 Prospect St #202 Somerville — Photo 1 of 9
$984,800
Investment Analysis — 84 Prospect St #202
Somerville, MA 02143
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02143 carries an estimated $3,470/mo in gross rent — about a 1.41% cap rate and $13,920/yr in estimated NOI at the $984,800 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
951
Style
Condominium
Built
2025
*open house cancelled 9/26 due to weather* Welcome to Mia Residences, a new construction condominium by developer Contempo Builders offering modern living with an off-site garage parking space included. This 2 bedroom unit features an open concept layout with engineered hardwood floors and abundant natural light throughout. The kitchen is equipped with stainless steel appliances and opens to the combined living and dining area. The primary bedroom provides a private retreat, and the bathroom includes contemporary fixtures and a sleek vanity. Each unit features a Smart door lock with camera.Additional conveniences include in-unit laundry, bike storage, and a private balcony for outdoor space. Residents also have access to a shared rooftop deck with neighborhood and city views. Estimated move in September 2026
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Highway Access
Geography
Listing Agent: Jennifer Dube
Listing Office: Rise Signature Homes
MLS® Number: 73537390